Basant Agro Tech India - Update
Basant Agro Tech India Ltd has informed that the State Government is very kind enough for SSP fertilizer as it has increased the Maximum Retail Price (MRP) of SSP fertiliser by Rs 450/- Per M.T. from October 12, 2007. Recently, the Central Govt. had increased the subsidy on SSP fertilizers by Rs 150/-. Accordingly, the Company will be benefited substantially by the above mentioned revision in MRP as well as subsidy. Due to satisfactory monsoon the demand for SSP fertilizer is excellent and the above revision in MRP will have positive impact on the bottom line of the Company.
